GRAND RAPIDS, MI — A potential acquisition involving two national broadcasting companies could have an impact on the West Michigan media market.
Nexstar Media Group, a national media company that owns WOOD-TV, is in talks to acquire Tegna Inc., a national media company that owns WZZM 13, according to a report from Reuters .
Reuters, citing an anonymous source, said a deal between Nexstar and Tegna “could be finalized soon, provided talks avoid last-minute obstacles.
“A potential deal between the two companies would mark a significant step in the ongoing consolidation of the U.S. television industry, as broadcasters adapt to shifting consumer habits driven by cord-cutting and the rapid expansion of streaming, amid expectations of looser regulations under U.S. President Donald Trump’s a